Description

Typhoon Holdings Ltd has signed agreements with both depositories. Trading parameters revised including market lot change from 100 to 1, effective January 2, 2026.

Summary

BSE notifies that Typhoon Holdings Ltd (scrip code: 512307) has signed agreements with both depositories, enabling dematerialised settlement. The scrip will continue in Trade to Trade segment with revised parameters effective January 2, 2026, including market lot change from 100 to 1 share and group migration from ZY to Z. Trading currently remains suspended.

Key Points

  • Typhoon Holdings Ltd has signed agreements with both depositories
  • New ISIN: INE2L3M01012
  • Scrip remains in Trade to Trade segment (for reasons other than non-signing of depository agreements)
  • Compulsory demat settlement required for all trades
  • Market lot reduced from 100 shares to 1 share
  • Group changed from ZY to Z
  • Netting not allowed in the scrip
  • Shortages will be directly closed-out
  • Trading currently under suspension

Regulatory Changes

Revised Parameters (effective January 2, 2026):

  • Scrip Code: 512307
  • Scrip Name: Typhoon Holdings Ltd
  • Current Group: ZY → Revised Group: Z
  • Current Market Lot: 100 → Revised Market Lot: 1
  • New ISIN: INE2L3M01012

Settlement Modalities:

  1. Trade to Trade segment classification maintained
  2. Compulsory dematerialised form settlement
  3. Market lot of 1 equity share
  4. No netting allowed
  5. Direct close-out for shortages

Compliance Requirements

  • Trading members must ensure all trades are settled in compulsory demat form
  • No netting positions allowed in this scrip
  • Settlement must follow Trade to Trade segment rules
  • Members must note the revised group and market lot parameters

Important Dates

  • Notice Date: January 1, 2026
  • Effective Date for Revised Parameters: January 2, 2026
  • Note: Changed parameters will be applicable upon revocation of trading suspension

Impact Assessment

Operational Impact:

  • Market lot reduction from 100 to 1 share improves accessibility for smaller investors
  • Group change from ZY to Z indicates improved regulatory compliance status
  • Trade to Trade classification maintains strict settlement discipline

Market Impact:

  • Currently limited due to trading suspension
  • Upon revocation, lower market lot may increase liquidity and participation
  • Demat settlement reduces settlement risk

Trading Member Impact:

  • Members must update systems for new market lot and group classification
  • No change in settlement processes as compulsory demat was already applicable
  • Direct close-out mechanism for shortages maintains settlement discipline

Impact Justification

Parameter changes for a suspended scrip that will be applicable upon revocation. Market lot reduction from 100 to 1 and group change from ZY to Z affects trading mechanics.